Private wealth clients are increasingly looking to park their money in the booming private credit market for stable income amid economic volatility, wealth management experts said at the recent 2023 APB Summit. Reasons for this trend include the attractive risk-return, debt seniority and diversification, among others, which have given private credit a leg up in clients’ asset allocations, the panellists…
Related News
DBS Private Bank Indonesia senior client partner departs
16 February 2024
Ex-Credit Suisse Greater China CEO joins Japanese giant in wealth role
6 February 2024
Endowus partners with Brookfield Oaktree to broaden private credit access
5 December 2023
Former Credit Suisse senior client partner joins Swiss pure-play
12 September 2023
PGIM appoints CEO for new private alternatives unit
7 September 2023
Another crisis in sight? Chinese wealth managers miss payments to HNW clients
2 August 2023
“Agile” private credit manager hopes to win race for Asian wealth
12 July 2023
Client communication rules demystified: Here’s what wealth managers need to know
28 June 2023
More GPs to tap APAC private wealth space by VC, private debt investing
14 June 2023